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Native USDC on Cosmos to Fill Vacuum Left by Terra’s UST Stablecoin
28.9.2022
Collateralized USDC will assume the role formerly held by Terra’s algorithmic UST stablecoin – raising further questions as to whether decentralized finance can mature with algorithmic money at its core
Tether Hires BDO Italia for Monthly Assurance Reports, USDT’s Quarterly Attestation Shows a 58% Decrease in Commercial Paper
20.8.2022
This week, the stablecoin issuer Tether Holdings Limited revealed an update to its assurance and attestation process and detailed that the company has been working with accounting firm BDO Italia. The accounting firm will conduct monthly tether assurance reports based on the stablecoin...
Goldman Sachs Downgrades Coinbase to Sell Rating — Analyst Says Firm Needs to Make Cost Base Reductions
28.6.2022
Analysts from the multinational investment bank and financial services company Goldman Sachs Group Inc. have downgraded Coinbase Global Inc. in a note to investors on Monday. Today, Coinbase shares are down 83.68% from the stock’s all-time high (ATH) in November 2021. Goldman analyst William...
Tether ‘Transparency Is Needed’ Following Terra’s UST Collapse: Analyst
24.5.2022
The director of blockchain market research said Tether should be more transparent about “what they actually hold on their balance sheets,” on CoinDesk TV’s "First Mover," program
Was Terra’s UST cataclysm the canary in the algorithmic stablecoin coal mine?
18.5.2022
After an earthquake there are always aftershocks. The collapse of UST could be a sign that other stablecoins are also critically flawed
UK Treasury en route to legalizing stablecoins amid Terra's UST crash
16.5.2022
During the Queen's Speech, Prince Charles announced the introduction of a bill that would help tackle illicit finance, reduce economic crime and help businesses grow
Tron DAO Reserve Acquires Millions in TRX, Bitcoin, and Tether to Safeguard USDD
16.5.2022
Seven days ago, Bitcoin.com News reported on the Tron DAO Reserve purchasing $38 million in tron to safeguard the network’s stablecoin USDD. Since then and since the terrausd (UST) de-pegging event, the Tron DAO Reserve has continued to purchase large quantities of digital assets to bolster...
Bitcoin fights to hold $29K as fear of regulation and Terra’s UST implosion hit crypto hard
11.5.2022
Bitcoin leverage traders show little interest in going long even as BTC price flirts with new lows below $29,000
Crisis in Terra's UST Stablecoin Spreads to Neutrino USD on Waves Protocol
11.5.2022
LUNA drops 20% in a day as whale dumps Terra's UST stablecoin — selloff risks ahead?
8.5.2022
Excessive Terra supply coupled with UST supply contraction coincides with LUNA's price decline
Terra's UST flips BUSD to become third-largest stablecoin
18.4.2022
UST market cap has surged to flip BUSD, however, its trading volumes are still only around one-fifth worth of the Binance digital dollar
OKX Starts to Offer Bitcoin, Ether Trading Pairs Against Terra's UST
1.4.2022
Spot trading for Solana’s SOL and Avalanche’s AVAX tokens against UST stablecoins have also started
DeFi Traders Promote Terra’s UST to $10B Market Capitalization
29.12.2021
UST, Terra blockchain’s stablecoin, recently surpassed DAI to become the biggest decentralized stablecoin. In addition, the token has achieved another milestone by reaching 10 billion dollars in market capitalization. CoinGecko, the well-known cryptocurrency pricing website, the UST market breached...
$11 Billion Added to Stablecoin Economy in 10 Days, UST and OUSD Issuance Swells
8.12.2021
During the last week of November, the stablecoin economy had crossed the $150 billion mark for the first time with tether and usd coin dominating the pack. In a mere ten days, the stablecoin economy gathered another $11 billion in value with origin dollar and terra usd swelling significantly during...